Post Utme Elizade University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ECONOMICS • objective

A country's budget is a plan for how it will sp\end its revenue over a specific period of time. What is the primary purpose of a budget in a country?

Answer Options

A. To record all transactions that involve the exchange of goods and services between residents and non-residents.
B. To record all transactions that involve the exchange of capital between residents and non-residents.
C. To record all transactions that involve the exchange of financial assets between residents and non-residents.
Correct Answer D. To plan how the country will sp\end its revenue over a specific period of time.
Correct Answer
D
Correct Option:
To plan how the country will sp\end its revenue over a specific period of time.

About This Question

This is Post Utme Elizade University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.

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